Economic Choices - Studies Weekly Week 25 Assessment

Income is money that someone earns by .

• working
• playing
• sleeping

People need to earn an income to meet financial needs.

• True

• False

People work for _________ to buy goods.

• goods

• bananas

• income

If I work hard, I can earn money to ________ something I want.

• sell

• income

• purchase

Tags

NGSS.HS-ETS1-3

What is the word for keeping income?

• budgeting

• earning

• saving

• spending

What is donating?

• Giving a present to your little brother.

• Giving something you have to others.

• Selling things you have to others.

Sasha wants a game that costs $25.00. She earned $10.00 doing chores. What should she do?

• Earn more money.

• Ask her friends for money.

• Give up and not buy anything.

Work is when we do something that produces ______________

• energy from the sun.

• a good or service.

• chocolate gummy bears.

• trouble on the playground.